Canadian Natural Resources to Acquire Storm Resources
Transaction Type
Sellers
Basin
Montney Shale
Announce Date
Post Date
Estimated Price
960MM
Description
To acquire Montney driller Storm Resources production of about 170 MMcfe/d (20% NGL) from 120,000 net acres across NE BC; includes a 68,000-net-acre position with 100% WI prospective for gas from the Muskwa, Otter Park and Evie/Klua shales in the Horn River Basin. (Expected to close December)